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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

Thai Baht/British Pound (FOREX:THBGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_THBGBP
Open High Low THBGBP Price Change
0.024626 0.024709 0.024623 0.024684 +0.000058
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.023120

intermediate term up The intermediate term trend has been UP since Feb 5th, 2019 at 0.024677

short term down The short term trend has been DOWN since Feb 19th, 2019 at 0.024730

Smart Scan Analysis for THBGBP

Based on a pre-defined weighted trend formula for chart analysis, THBGBP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024626 0.024709 0.024623 0.024684 +0.000058
Prev. Close Volume Bid Ask Time
0.024626 0.024680 0.024688 2019-02-20 11:07:48
Want to analyze Thai Baht/British Pound THBGBP or another symbol? Try our Free Forex Trend Analysis Report.